Minda Corporation Limited acquires Panalfa Autoelektrik  [ India ]

In its annual report, Global Automotive Component manufacturer Spark Minda revealed the acquisition of Panalfa Autoelektrik Limited through its flagship company, Minda Corporation Limited. The Group has acquired 100% Equity of Panalfa Autoelektrik Limited at a consideration of INR 275 million and renamed it as Minda Autoelektrik Ltd.Panalfa Autoelektrik Limited, founded in 2007 and located in B...